Clean Max Enviro Energy IPO: India’s Green Energy Giant Goes Public!
Clean Max Enviro Energy, the preferred green partner for giants like Amazon, Google, and A...
Read ArticleClean Max Enviro Energy IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 22 February 2026 | IPO Close Date | 24 February 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 1 March 2026 |
| Price Band | ₹1000 - ₹1053 per share | Face Value | ₹10 per share |
| Market Lot Size | 14 Shares | Min Investment (Retail) | ₹14,742 |
| Total Issue Size | ₹1,053 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 22 February 2026 | Confirmed |
| IPO Close Date | 24 February 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 1 March 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 14 Shares | ₹14,742 |
| Retail (Max) | 13 Lots | 182 Shares | ₹1,91,646 |
| S-HNI (Min) | 14 Lots | 196 Shares | ₹2,06,388 |
| S-HNI (Max) | 67 Lots | 938 Shares | ₹9,87,714 |
| B-HNI (Min) | 68 Lots | 952 Shares | ₹10,02,456 |
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 2 Mar 2026 | ₹-36 | ₹1017.00 | -3.42% |
| 27 Feb 2026 | ₹-11 | ₹1042.00 | -1.04% |
| 25 Feb 2026 | ₹0 | ₹1053.00 | +0.00% |
| 24 Feb 2026 | ₹1 | ₹1054.00 | +0.09% |
| 23 Feb 2026 | ₹3 | ₹1056.00 | +0.28% |
| 18 Feb 2026 | ₹16.5 | ₹1069.50 | +1.57% |
| Retail Minimum | 1 Lot (14 Shares) – ₹14,742 |
| Retail Maximum | 13 Lots (182 Shares) – ₹1,91,646 |
| S-HNI Minimum | 14 Lots (196 Shares) – ₹2,06,388 |
| S-HNI Maximum | 67 Lots (938 Shares) – ₹9,87,714 |
| B-HNI Minimum | 68 Lots (952 Shares) – ₹10,02,456 |
| Anchor Investor | – Shares |
| QIB (Ex. Anchor) | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
| Particular | Dates |
|---|---|
| IPO Open Date | 23 Feb 2026 |
| IPO Close Date | 25 Feb 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 02 Mar 2026 |
Note: The timeline for Clean Max Enviro Energy IPO is tentative and subject to change.
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Basis of Allotment | February 26, 2026 |
| Refunds | February 27, 2026 |
| Credit to Demat Account | February 27, 2026 |
| IPO Listing Date | March 2, 2026 |
| IPO Bidding Cut-off Time | February 25, 2026 – 5 PM |
To Be Updated Soon
| Repayment and/or pre-payment of outstanding borrowings (Company / Subsidiaries) | ₹1,125.00 Cr |
| General Corporate Purpose | – |
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| ACME Solar Holdings Ltd | 4.55 | 49.46 | 5.59% | ₹74.54 | ₹1,405.13 Cr |
| NTPC Green Energy Ltd | 0.67 | 132.94 | 2.58% | ₹21.88 | ₹2,209.64 Cr |
| Adani Green Energy Limited | 8.37 | 119.14 | 13.48% | ₹58.63 | ₹11,212.00 Cr |
| ReNew Energy Global PLC | $10.92 | 44.84 | 3.39% | ₹310.40 | ₹9,751.30 Cr |
Clean Max Enviro Energy IPO opens for subscription on 22 February 2026 and closes on 24 February 2026.
The price band for Clean Max Enviro Energy IPO is set at ₹1000.00 to ₹1053.00 per share.
The minimum market lot size is 14 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 14 Shares (₹14,742).
The latest Grey Market Premium (GMP) for Clean Max Enviro Energy IPO is ₹-93.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Clean Max Enviro Energy IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 1 March 2026.
The registrar details will be confirmed in the official prospectus.